Pollard Banknote (TSE:PBL) PT Raised to C$36.00

Pollard Banknote (TSE:PBL) had its target price lifted by Canaccord Genuity Group from C$32.00 to C$36.00 in a research report released on Tuesday morning, BayStreet.CA reports. They currently have a buy rating on the stock.

Several other equities research analysts have also issued reports on the stock. Acumen Capital reduced their target price on shares of Pollard Banknote from C$47.00 to C$28.00 and set a buy rating for the company in a report on Wednesday, August 7th. Cormark decreased their price objective on shares of Pollard Banknote from C$34.00 to C$33.00 in a research report on Thursday, August 15th. Finally, Raymond James upped their target price on shares of Pollard Banknote from C$40.50 to C$44.00 in a report on Thursday, August 15th.

Pollard Banknote Price Performance

Shares of Pollard Banknote stock opened at C$25.35 on Tuesday. The stock’s fifty day moving average is C$25.90 and its 200 day moving average is C$31.53. Pollard Banknote has a one year low of C$17.95 and a one year high of C$37.75. The company has a debt-to-equity ratio of 45.40, a quick ratio of 1.01 and a current ratio of 1.78. The stock has a market cap of C$685.97 million, a P/E ratio of 18.24 and a beta of 0.62.

Pollard Banknote Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, October 15th. Investors of record on Monday, September 30th will be given a dividend of $0.05 per share. The ex-dividend date is Friday, September 27th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 0.79%. Pollard Banknote’s dividend payout ratio is 14.39%.

About Pollard Banknote

Pollard Banknote Limited, together with its subsidiaries, manufactures and sells a range of lottery and charitable gaming products and solutions in the United States, Canada, and internationally. It operates through four segments: Lotteries, Charitable Gaming, eGaming systems, and Retail. The company designs, manufactures, and distributes instant tickets, as well as offers related services.